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we can either have a dynamic growing economy that produces opportunity or we can have a stagnant economy that fosters dependency. stick with the failed policies of the last four years for the next four years or get a brighter future. stagnation versus growth. dependency versus opportunity and upper mobility. that is the classic choice and clear difference that we are offering and what we hope people get out of this this debate is that choice. >> chris: it is interesting because for the last six months the romney campaign said this is a referendum on barack obama's record and now you are saying it is a choice. >> it is not a change in strategy. a phase of the campaign we now entered into. i think it is important. the president is trying to paper over his problems and has been trying to mislead and distort the record. it is a failed record. we think it was very important to point that out. look at unemployment. look at our poverty rates and the 23 million people struggling for work. now, at this phase of the campaign we think it is critical that people understand it doesn't have to be this
we can either have a dynamic growing economy that produces opportunity or we can have a stagnant economy that fosters dependency. stick with the failed policies of the last four years for the next four years or get a brighter future. stagnation versus growth. dependency versus opportunity and upper mobility. that is the classic choice and clear difference that we are offering and what we hope people get out of this this debate is that choice. >> chris: it is interesting because for the...
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two trillion dollars annually that edges over that creates the american economy known as a mitt romney correctly pointed out last night without regulations you don't have it on hand and i don't want to rule over a soccer game and no one is talking about eliminating the regulatory state but we have to look at the fact that you were on a second ago you ride them not only to get entirely but we can if we cut the regulatory state by twenty percent we can create twelve million jobs into low gear i'll give you our. completely rather than of what we've seen president obama in these past four years he's limited more regulation of small business is than george bush did in eight years what the right that is a job is don't know but it was a lot through regulatory guidelines for these unlimited regulation when i go to a tournament i just said limited regulations but regulatory cost regulatory costs under obama have gone up forty five percent the idea of the regulator who according to the small business administration and they they do what they do with a five year snapshot of the regulatory state a
two trillion dollars annually that edges over that creates the american economy known as a mitt romney correctly pointed out last night without regulations you don't have it on hand and i don't want to rule over a soccer game and no one is talking about eliminating the regulatory state but we have to look at the fact that you were on a second ago you ride them not only to get entirely but we can if we cut the regulatory state by twenty percent we can create twelve million jobs into low gear...
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the economy is too weak. we're growing faster then than we are now. >> how big an issue could it be for democrats if mitt romney successfully makes the case? >> you know, this is how i see it. imagine you're going into -- you want to buy a car, right? >> yeah. >> you go to the car dealership and the dealer says i've got this great car for you. it goes zero to 60 in two seconds and it's climate control, turbo charged and guess what, it's electric and it flies and it's only $10,000. and you say, great, it's awesome. this sounds like a great car. i would love to drive t he says there's a catch, though. i can't show it to you. it's in the garage but i can't actually show it to you, but are you going to buy it? you've got to trust me. all those things, it's all true. that's what you're seeing now. mitt romney sold something last night that can't be true. all of the independent analysis says it sha-- and i take issue some of your research there. as voters start to dig more into this pitch they're going to realize i
the economy is too weak. we're growing faster then than we are now. >> how big an issue could it be for democrats if mitt romney successfully makes the case? >> you know, this is how i see it. imagine you're going into -- you want to buy a car, right? >> yeah. >> you go to the car dealership and the dealer says i've got this great car for you. it goes zero to 60 in two seconds and it's climate control, turbo charged and guess what, it's electric and it flies and it's...
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polls show the economy is the top issue for voters. and on this day in 1927, sculptures began transforming mount rushmore into a monument. came up with the idea as way to promote tourism. congress approved. 12 years later etched the images of washington, lincoln, roosevelt into stone. it did not go smoothly. jefferson originally sat to the left of washington. but within two years the face cracked, workers had to blast the sculpture right off the mountain and move jefferson to the right. workers started chipping away 85 years ago
polls show the economy is the top issue for voters. and on this day in 1927, sculptures began transforming mount rushmore into a monument. came up with the idea as way to promote tourism. congress approved. 12 years later etched the images of washington, lincoln, roosevelt into stone. it did not go smoothly. jefferson originally sat to the left of washington. but within two years the face cracked, workers had to blast the sculpture right off the mountain and move jefferson to the right. workers...
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every free economy has good relati regulation. >> every good economy has good regulation. great point. why don't you tell to this guy. >> if i'm the president of the united states, we're going to rein back the regulations. we're not going to expand regulation. >> burdensome regulations serve only to restrict freedom and imperil enterprise. >> you see, last night as i watched the debate, many people that i work with, many people that i know in and around the country, were worried about whether the president was on his game. i was being ensuggested when someone can tell me something for 18 months and then tell me in one night the complete opposite, and i'm not going to get offended, when someone can tell me they're going to deregulate and then come back and tell me they're going to regulate, someone's going to tell me they'll take health care, they don't care about people with pre-existing conditions and then change it, when someone stands up and said i want state's rights on health care and everything else, women, minorities and others will hear health care and other things
every free economy has good relati regulation. >> every good economy has good regulation. great point. why don't you tell to this guy. >> if i'm the president of the united states, we're going to rein back the regulations. we're not going to expand regulation. >> burdensome regulations serve only to restrict freedom and imperil enterprise. >> you see, last night as i watched the debate, many people that i work with, many people that i know in and around the country, were...
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he worked to solve the economy. he worked hard on the health care bill that a third of all latino children are short -- in short. -- and all -- a lot more latino families are in short. he shied away from those issues, which is why we did not dim -- get immigration reform done. >> final comment from hector. >> my most humbling moment in life was when i was munching on the selma to montgomery march. i spoke in the same stairways in montgomery capital of dr. king spoke almost 50 years ago. the symbolism of both communities marching arm to arm children singing together. people coming together to fight for the same issue for the right to votes and also for the workers' rights and education is very important. we need to keep focus on that flavor of unity. together we can fight for 30% of the pie in such a 15%. -- and said a 15%. >> i do not want 30% of the pie. i want at least 50. %. folks, give it up for our panel. i want to thank all of you as well as everyone who watched this on the live shrink. tell your friends and f
he worked to solve the economy. he worked hard on the health care bill that a third of all latino children are short -- in short. -- and all -- a lot more latino families are in short. he shied away from those issues, which is why we did not dim -- get immigration reform done. >> final comment from hector. >> my most humbling moment in life was when i was munching on the selma to montgomery march. i spoke in the same stairways in montgomery capital of dr. king spoke almost 50 years...
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i have to because at this rate the economy is not growing. we have a job number tomorrow that will probably be careful, yes, a fed is all in, but if you watch the futures as i do in the middle of the night to my wife's discretion i have to say futures bounce after this debate. >>neil: you are right. we noticed that and we noticed the foreign market reaction. but you know i don't brag but we were the only ones noticing that. do you think the markets, then, by and large the markets tend to favor republicans, not all the time, but, now, since they like bailouts and rescues, i don't know who is who anymore. but if it looks like it is more possible that romney could pull it out, what happens closer to election day? >>guest: the funny thing is, i would take one side of this obama argument which is, to me, as far as the markets go he is a known quantity. he has thrown everything possible that isant business -- that is antibusiness, health care, tax hikes, health care that no one wants, but the market going up. if romney gets in the market continues
i have to because at this rate the economy is not growing. we have a job number tomorrow that will probably be careful, yes, a fed is all in, but if you watch the futures as i do in the middle of the night to my wife's discretion i have to say futures bounce after this debate. >>neil: you are right. we noticed that and we noticed the foreign market reaction. but you know i don't brag but we were the only ones noticing that. do you think the markets, then, by and large the markets tend to...
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there's a lot of issues for the economy of the president to have on his mind. he can't just campaign and debate prep. he's the president of the united states. he has to weigh things on his mind. who knows what's on his mind at that particular point in time. i don't want to make excuses for him but to suggest he's lazy. president obama does more before 6:00 a.m. than john sununu will do in a month. he's the president of the united states and he has a lot of work to do -- >> professor, i think most people would agree that the president does more in his sleep than john sununu. karen finney, what was underneath this, referring to the president as lazy and a pizza boy? >> well, this is what we have seen time and again from the conservatives in terms of the lack of respect for this president. they have really demeaned the office of the presidency. you had a prominent conservative writer earlier this week essentially say the only reason, the only excuse possible as to why barack obama could be ahead in the polls is because he's black. i mean, this -- you also had john
there's a lot of issues for the economy of the president to have on his mind. he can't just campaign and debate prep. he's the president of the united states. he has to weigh things on his mind. who knows what's on his mind at that particular point in time. i don't want to make excuses for him but to suggest he's lazy. president obama does more before 6:00 a.m. than john sununu will do in a month. he's the president of the united states and he has a lot of work to do -- >> professor, i...
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and the economy as a whole begins to grow. but to do that and reduce the deficit at the same time, we've got to ask folks who can afford it to do a little bit more. now, last night this may have actually been the real mitt romney because he ruled out raising a dime on taxes on anyone ever no matter how much money they make ruled out closing those loopholes that are giving $4 billion of corporate welfare to the oil companies, refused to even acknowledge the loophole that gives tax breaks to corporations that move jobs overseas. when he was asked what he would do to actually cut spending and reduce the deficit, he said he'd eliminate public television funding. don't boo now. but i just want to make sure i got this straight. he'll get rid of regulations on wall street. but he's going to crack down on sesame street. >> all right. so there's the president of the united states. he's got a good line there about mitt romney. he's been ridiculing mitt romney big time. he did it earlier today. now. something he avoided doing dramaticall
and the economy as a whole begins to grow. but to do that and reduce the deficit at the same time, we've got to ask folks who can afford it to do a little bit more. now, last night this may have actually been the real mitt romney because he ruled out raising a dime on taxes on anyone ever no matter how much money they make ruled out closing those loopholes that are giving $4 billion of corporate welfare to the oil companies, refused to even acknowledge the loophole that gives tax breaks to...
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naets hi that's high based on where the economy is. in some ways the debate brings the polls more into line with the fundamentals, which we think implies a tenuous advantage for obama. >> so, nate, if you could get into that a little bit more, this race has been remarkably stable. the president has been ahead narrowly for most of the campaign. almost everyone is saying governor romney had the better night last night. what do you expect to happen to the polls coming out of this? >> i could see romney getting a 2, 2 1/2, 3-point swing toward him. there was one pull-out this afternoon after the debate that had a two-point swing. since obama was up by four or five, which will bring us back to two or three points. that is where gravity is in this election, is about a two and a half point win for president obama. that's what bush got in 2004. so many analogies between this election and that one eight years ago. we'll see. i think this will not win the election for romney by itself, but it puts him in a position where he could set himself up
naets hi that's high based on where the economy is. in some ways the debate brings the polls more into line with the fundamentals, which we think implies a tenuous advantage for obama. >> so, nate, if you could get into that a little bit more, this race has been remarkably stable. the president has been ahead narrowly for most of the campaign. almost everyone is saying governor romney had the better night last night. what do you expect to happen to the polls coming out of this? >> i...
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economy said no. >> i have my own plans. it's not the same as simpson-bowles but in my view the president should have grabbed it. if he wanted to make adjustments to it, go to congress and fight for it. >> that's what we've done, made adjustments to it and putting it before congress right now. >> you've been president four years. you said you'd cut the deficit in half it's now four years later we still have trillion dollar deaf surkts the ceo says we'll have a trill un-- trillin dollar debt. >> govern romney wants to repeal dodd-frank and i pressure we've got some agreement that a marketplace to work has to have some regulation. in the past govern romney says he just wants to repeal dodd-frank, roll it back. so the question is, does anybody out there think that the big problem we had is that there was too much oversight in regulation of wall street. because if you do, then governor romney is your candidate. >> that's not the facts. look we have to have regulation on wall street. that's why i have regulation but i wouldn't de
economy said no. >> i have my own plans. it's not the same as simpson-bowles but in my view the president should have grabbed it. if he wanted to make adjustments to it, go to congress and fight for it. >> that's what we've done, made adjustments to it and putting it before congress right now. >> you've been president four years. you said you'd cut the deficit in half it's now four years later we still have trillion dollar deaf surkts the ceo says we'll have a trill un--...
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of the economy right now? is there too much? and in your se, mr. president, should there be more? beginning with you, this is not a new two-minute segment. we'll go for a few minutes and then we're going to go to health care. okay? >> regulation is essential. you can't have a free market work if you don't have regulation. as a business person, i had to have -- i needed to know the regulations. i needed them there. you couldn't have people opening up banks in their garage and making loans. you have to have regulations so that you can have an economy work. every free economy has a good regulation. at the same time, regulation can become excessive. >> is it successful now? >> in some places, yes. it could become out of date. what's happening with some of the legislation passed during the president's term, you've seen regulation become excessive and it's hurt the economy. dodd-frank was passed, and it includes provisions that have it telling banks too big to fail. this is the biggest kiss that's been given to new
of the economy right now? is there too much? and in your se, mr. president, should there be more? beginning with you, this is not a new two-minute segment. we'll go for a few minutes and then we're going to go to health care. okay? >> regulation is essential. you can't have a free market work if you don't have regulation. as a business person, i had to have -- i needed to know the regulations. i needed them there. you couldn't have people opening up banks in their garage and making loans....
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he may not know it, but the economy is still lousy. you don't raise taxes now when the economy is lousy. >> to be continued, as always. governor sununu, thank you for joining us. >> thank you, andrea. >>> how will last night's debate impact the undecided vote here in battleground colorado? that next with democratic congressman -- congresswoman diana degette next on "andrea mitchell reports." of what'sot? check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. they're this season's must-have accessory. lean cuisine. be culinary chic. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance co
he may not know it, but the economy is still lousy. you don't raise taxes now when the economy is lousy. >> to be continued, as always. governor sununu, thank you for joining us. >> thank you, andrea. >>> how will last night's debate impact the undecided vote here in battleground colorado? that next with democratic congressman -- congresswoman diana degette next on "andrea mitchell reports." of what'sot? check out the latest collection of snacks from lean cuisine....
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i'm focusedton economy. and i thought from the moment of the debate it was very clear that's what he was all about. and he executed over the last hour and a half. it's sort of the historic norm if you're a democrat in a presidential election, you run to the left and get your nomination and pivot back to the middle and for romney ran unsuccessfully for the nomination. he had been running to the right for four years. and i think it becomes like a conditioned behavior. and i think he was slow making the turn back and heading towards swing voters. and i didn't really see him doing that effectively until his convention speech. and then really really really last night. and last night, it really was the first time this campaign that he struck me like the guy that i saw in 1994 and the guy that ran as governor that he was sort of back close to mitt romney 1.0 as opposed to 2.0 or 3.0 and back to who he is. and i tend to think that people -- when you're not pretending to be somebody else, i think you do a better job.
i'm focusedton economy. and i thought from the moment of the debate it was very clear that's what he was all about. and he executed over the last hour and a half. it's sort of the historic norm if you're a democrat in a presidential election, you run to the left and get your nomination and pivot back to the middle and for romney ran unsuccessfully for the nomination. he had been running to the right for four years. and i think it becomes like a conditioned behavior. and i think he was slow...
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i'll call it the economy tax. it's been crushing. >> let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600, and the reason is because i believe that we do best when the middle class is doing well. >> that was just a couple of highlights from last night's presidential debate. we're going to go more than just play soundbytes. we're going to replay the entire debate next hour of cnn newsroom, so you can judge for yourself just how the candidates performed. which candidate would do a better job of growing a sluggish economy? voters, they're looking for answers. last night's debate, did they actually even get them? we're going to bring in our cnn chief business correspondent alshi velshi. an incredible debate. ali, i want to start off with you first. >> yeah. >> one of the things that mitt romney was very consistent on, the mes
i'll call it the economy tax. it's been crushing. >> let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600, and the reason is because i believe that we do best when the middle class is doing well. >> that was just a couple of highlights from last night's presidential debate. we're going to...
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so here you are looking at how the economy, the message of the economy has sort of gone over the course of the campaign. and i'm showing you three here, i'm showing you character, i'm showing you economy, but i could sort of bring in entitlements. there was a discussion of entitlements sort of that was in the wake of paul ryan's vp selection. and the, you know, the foreign policy, there was a spike when romney went abroad. so you never know what's in the mind of another person, but i believe a.j. invited us here as the data wonks. and our job is to keep everyone here on the panel honest, so -- >> thank you, michael. very interesting. you know, as our panel is to make their presentation now, they're leaving two items, at least two items that i thought would be interesting to address. one is the very interesting article and now it is a book out by sasha isenberg about the fact that the press can't keep up with the political consultants and social networking experts, and reporters, basically, are way behind the curve in this campaign. and i think that's an interesting topic to take a look
so here you are looking at how the economy, the message of the economy has sort of gone over the course of the campaign. and i'm showing you three here, i'm showing you character, i'm showing you economy, but i could sort of bring in entitlements. there was a discussion of entitlements sort of that was in the wake of paul ryan's vp selection. and the, you know, the foreign policy, there was a spike when romney went abroad. so you never know what's in the mind of another person, but i believe...
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the other is to grow the economy. if more people are at work in a growing economy, they are paying taxes, and you can get the job done that way. the president would prefer raising taxes. i understand. the problem with raising taxes is it slows down the rate of growth, and you can never quite get the job done. i want to lower spending and encourage economic growth at the same time. what things would i cut from spending. first of all, i would eliminate all programs by this test if they don't pass it. is the program so critical it is worth borrowing money from china to pay for it? if not, it goes. obama care is on my list -- i apologize if i used that determine -- term -- >> it's ok. >> thanks. i'm not going to borrow money from china to pay for things. i will cut pbs. i will take programs that are currently good programs but i think would be more efficiently run at the state level. number three, i will make government more efficient and cut back the number of employees. i would cut back agencies and departments. my cutb
the other is to grow the economy. if more people are at work in a growing economy, they are paying taxes, and you can get the job done that way. the president would prefer raising taxes. i understand. the problem with raising taxes is it slows down the rate of growth, and you can never quite get the job done. i want to lower spending and encourage economic growth at the same time. what things would i cut from spending. first of all, i would eliminate all programs by this test if they don't pass...
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that is not a plan to create jobs or grow the of economy. that is what we do not want to do that did not work and we're not going to go back, we want to go forward (cheers & applause) i have a different view on how we can create jobs and los prosperity. >> you can see that president obama is out there with his critics critics, and even his supporters. perhaps the feedback has been coming back perhaps it is a mixture. good? bad. >> james, overall the polls show that most people that watched the debate thought that mitt romney was the clear winner. and from our facebook fan page this is what you said. and this is what in ma neath in the fortunate reality... this is what mike said... actually, this is what president obama was just saying. also go to our kron fast facebook fan page. good morning, the san mateo bridge looking great. however, still a bit slow on the mid span to the base of the high rise. and this bridge that i would still of void for a while. looking at the hot spot. however, a big improvement from recently, and the east bay shore
that is not a plan to create jobs or grow the of economy. that is what we do not want to do that did not work and we're not going to go back, we want to go forward (cheers & applause) i have a different view on how we can create jobs and los prosperity. >> you can see that president obama is out there with his critics critics, and even his supporters. perhaps the feedback has been coming back perhaps it is a mixture. good? bad. >> james, overall the polls show that most people...
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that suggests a weakening economy. we got a 3.36% rate on 30 year fixed rate mortgages at an all-time low. maybe that suggests a lot of money printing by the fed and a weak economy. i don't have another explanation why the dow is up 95 except that. lousy factory orders means ben bernanke will print bigger. >> no bad news out of europe. everyone is focused on europe and not what is going on in the economy domestically. a lot of schizophrenic information. great manufacturing numbers early in the weekend bad numbers today. can't make sense of that. stuart: i won't say it was a romney rally. >> if you did i would back you up. stuart: wait a second. let's be serious. we are five weeks from the election. we have had one debate and a result that favors romney. can you really say the dow up 1900 points is a result of romney's win? >> i think it gives it some additional momentum. it gives a little bit of a boost because romney is the choice of wall street. he is good for the market and good for the economy. the people who work
that suggests a weakening economy. we got a 3.36% rate on 30 year fixed rate mortgages at an all-time low. maybe that suggests a lot of money printing by the fed and a weak economy. i don't have another explanation why the dow is up 95 except that. lousy factory orders means ben bernanke will print bigger. >> no bad news out of europe. everyone is focused on europe and not what is going on in the economy domestically. a lot of schizophrenic information. great manufacturing numbers early...
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things that was very clear last night is these candidates differ in the approach of how to make the economy grow and expand for the middle class. and he subscribed to the theory that greater tax cuts will subscribe for greater deficits. so i thought that was a clear contrast. i thought medicare was a clear contrast. we have two more rounds to go in the debate. >> on social security there were a lot more liberal watchers and supporters of the president. very upset with how he threw it out there saying we have to do something about it. that's not mainstream opinion in the democratic party. >> i believe he says we have to tweak it from time to time. indeed we do as population bubbles come and go. i think they're overreacting a little bit. let's be honest here. a lot of people in the democratic party base really wanted to see the president go out and poke him in the eye and tear off his face. >> i think they want to hear the number 47%. why didn't we hear that? >> i think that the 47% -- look, i'm not part of the debate strategy. but for the last several weeks everybody is asking how the heck c
things that was very clear last night is these candidates differ in the approach of how to make the economy grow and expand for the middle class. and he subscribed to the theory that greater tax cuts will subscribe for greater deficits. so i thought that was a clear contrast. i thought medicare was a clear contrast. we have two more rounds to go in the debate. >> on social security there were a lot more liberal watchers and supporters of the president. very upset with how he threw it out...
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i call it the economy tax. it has been crushing. at the same time gasoline prices have doubled under the president, electric rates are up, food prices are up health care costs have gone up by $2,500 a family. middle income families have been crushed. the question is how to get it going again. >> stephanie: some of those numbers he just pulled directly from his arse. and by the way who cares more about the middle class than mitt romney. [ bell chimes ] [ applause ] >> those 47% voters. >> stephanie: exactly. let's go to richard in chicago. hi, richard. >> caller: what i wanted him to say when that came to the discussion -- >> stephanie: oh, i think he is -- >> he is talking with someone else. >> stephanie: corky in new york. welcome. >> caller: hello. yeah, i think y'all is miscalculating. obama has to stay cool because we have the jobs report coming out friday, and it will take this debate right off of the front page. 162,000 new jobs created which may take the unemployment down a tick or two. >> stephanie: right. the preliminary nu
i call it the economy tax. it has been crushing. at the same time gasoline prices have doubled under the president, electric rates are up, food prices are up health care costs have gone up by $2,500 a family. middle income families have been crushed. the question is how to get it going again. >> stephanie: some of those numbers he just pulled directly from his arse. and by the way who cares more about the middle class than mitt romney. [ bell chimes ] [ applause ] >> those 47%...
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the key reason why many consumers are paying down their debt is uncertainty in the economy. >>> first presidential debate is in the bag. many say mitt romney wins in more ways than one. going into the debate, president obama was way ahead of romney in the likability polls. last night, romney one-up the president on his own wedding anniversary. first, obama. >> a lot of points i want to make tonight. but the most important one is that 20 years ago, i became the luckiest man on earth, because michelle obama agreed to marry me. and so i just want to wish, sweetie, you, happy anniversary, and let you know that i year from now, we will not be celebrating it in front of 40 million people. >> romney grabbed the ball, responded in a way that was downright charming. >> and congratulations to you, mr. president, on your anniversary. i'm sure this was the most romantic place you could imagine here, here with me. so i -- congratulations. >> cnn contributor's will cain, roland martin, who leans left, are here to discuss. welcome, gentlemen. >> how are you doing? >> the moment you just played that'
the key reason why many consumers are paying down their debt is uncertainty in the economy. >>> first presidential debate is in the bag. many say mitt romney wins in more ways than one. going into the debate, president obama was way ahead of romney in the likability polls. last night, romney one-up the president on his own wedding anniversary. first, obama. >> a lot of points i want to make tonight. but the most important one is that 20 years ago, i became the luckiest man on...
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martha: the economy dominated the discussion. toot question is, does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? because if you do, then governor romney is your candidate. but that's not -- >> that's not the facts. we have to have regulation on wall street. that's why i would have regulation. but i wouldn't designate five banks as too big to fail and give them a blank check. that's one of the unintended consequences of dodd-frank. it's killing regional and small banks. martha: is today a new day for that man, mitt romney? that one of the big questions everybody is talking about. here with reaction from the romney cam is artur davis, the co-chair for president obama's 2008 campaign but he is now a supporter of governor romney. >> good morning. you are is a said a romney supporter now. you had one of the prominent speeches at the rnc this year. what did you think of how your man did last night? >> i think had the most decisive begin in deet bait any scd can
martha: the economy dominated the discussion. toot question is, does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? because if you do, then governor romney is your candidate. but that's not -- >> that's not the facts. we have to have regulation on wall street. that's why i would have regulation. but i wouldn't designate five banks as too big to fail and give them a blank check. that's one of the unintended...
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i think he was going for what his strength was and should be which is i am focused on the economy. this is what i have done. this is what i will do. i am focusing on the economy and to me, i thought from the moment it was very clear that is what he was all about. and he executed for the last hour and a half. >> it is sort of the a storm at -- historic norm that if you're democratic in a contested residential nomination you run to get your nomination back to the middle. and for romney he who ran unsuccessfully in l.a. for the nomination he had been running to the right for basically four years and i think that it becomes like a condition behavior and this is pavlovian or something but where he was slow make in the turned back in heading towards swing voters, and i didn't really see him doing that effectively until his convention speech and it really really really last night. last night was, it really was the first time this campaign, that he struck me like the guy that i saw in 94 and the guy that was running, that ran and served as governor, that he was sort of that close to romney
i think he was going for what his strength was and should be which is i am focused on the economy. this is what i have done. this is what i will do. i am focusing on the economy and to me, i thought from the moment it was very clear that is what he was all about. and he executed for the last hour and a half. >> it is sort of the a storm at -- historic norm that if you're democratic in a contested residential nomination you run to get your nomination back to the middle. and for romney he...
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the economy was bad. i have worked in the houston area. in alabama, the economy is terrible. in georgia, the economy is terrible. host: can you stay on the line for just a second? i want to get a president obama supporter and get your reaction to that. is that ok? caller: sure. host: marie from florida. were you listening to what scott had to say? what would you say to him? caller: the health-care -- we investigated places like germany and across the border -- people are going to canada for the health-care. they have the same health care that obama is trying to bring. i am retired and on medicare. i have to pay 20%. i didn't have it. we have to investigate the medicare before we -- mitt romney says he has it in boston , massachusetts. when i lived in new york, there was a hospital i could go to. they go according to your income. there is no teacher hospital in florida or other states. there are places in new york that you can go to. people are dying. if you bring in obamacare, yes, there will be care. just like the first brought in -- ught like they first broade in hmos. the
the economy was bad. i have worked in the houston area. in alabama, the economy is terrible. in georgia, the economy is terrible. host: can you stay on the line for just a second? i want to get a president obama supporter and get your reaction to that. is that ok? caller: sure. host: marie from florida. were you listening to what scott had to say? what would you say to him? caller: the health-care -- we investigated places like germany and across the border -- people are going to canada for the...
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and if there are not deductions, and you say it's a good idea to spur the economy, when the economy grew 5 and 6% under reagan, it's because we did significant tax reductions of the upper class. we went from a tax rate of 70 when reagan came in to 50, and we went from 50 to 28 and the economy grew like gangbusters. that's what we need again. >> senator, last night obama reminded romney of what he said in the debates. he said, if you have ten cuts for one revenue increase, you still wouldn't support that. isn't that part of the problem, when you have republicans who say, i won't support any type of revenue increase and wow won't even accept any cuts? that makes no sense. >> well, i think everybody says there has to be some sort of compromise. and the narrative is that we won't compromise. i think we actually do compromise all the time. we compromise to raise military spending and to raise domestic welfare spending. what i would say is the compromise is not to raise taxes, the compromise is reduce military spending and reduce domestic spending. i think i've got some work even on my side on
and if there are not deductions, and you say it's a good idea to spur the economy, when the economy grew 5 and 6% under reagan, it's because we did significant tax reductions of the upper class. we went from a tax rate of 70 when reagan came in to 50, and we went from 50 to 28 and the economy grew like gangbusters. that's what we need again. >> senator, last night obama reminded romney of what he said in the debates. he said, if you have ten cuts for one revenue increase, you still...
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i'll call it the economy tax. it's been crushing. >> earlier in the week, vice president biden had said the middle class has been buried for the past four years. the issue they came closest to agreeing on, social security. the candidates here last night also sparred on other issues, including job creation, deficit reduction and health care. >> the presidential candidates will next square off on october 16th in long island. the second debate will take place on the campus of hofstra university, and it will be in the format of a town hall meeting. that means undecided voters will ask the questions. the candidates will focus on foreign and domestic policy. we've learned that first lady michelle obama will make another trip to virginia next week to campaign for her husband. she will visit loudoun county on tuesday, october 9th. we'll pass along additional details as they become available. the announcement highlights just how important northern virginia is in the race for the white house. tomorrow president obama will b
i'll call it the economy tax. it's been crushing. >> earlier in the week, vice president biden had said the middle class has been buried for the past four years. the issue they came closest to agreeing on, social security. the candidates here last night also sparred on other issues, including job creation, deficit reduction and health care. >> the presidential candidates will next square off on october 16th in long island. the second debate will take place on the campus of hofstra...
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we're going to have three segments on the economy. and then one on healthcare and then one on governing and then one on the role of government and last one on governing. he got two segments on the economy. let romney talk endlessly never interrupted mitt romney. constantly interrupted president obama. let romney run all over him. every time he would try to -- you would hear him go -- and romney just kept talking and talking. jim lehrer asked romney a question and romney would ignore the question and just say whatever the hell he wanted. president obama, he asked him a question and then nailed him down and make him answer the question. he let romney interrupt obama. there was a half an hour where we never even heard from jim lehrer at all. everybody thought he had walked off the stage. he got two segments in on the economy. maybe one segment on healthcare. maybe 15 minutes. a mini, mini segment on the role of government. and a mini segment like left on governing, three minutes. and then -- it was just a colossal -- i'm not the only one
we're going to have three segments on the economy. and then one on healthcare and then one on governing and then one on the role of government and last one on governing. he got two segments on the economy. let romney talk endlessly never interrupted mitt romney. constantly interrupted president obama. let romney run all over him. every time he would try to -- you would hear him go -- and romney just kept talking and talking. jim lehrer asked romney a question and romney would ignore the...
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>> i'm sorry. >> he had a cat strask economy. did an enormous amount to rescue it from getting worse and worse and worse. >> i don't know. it's going to have to be fixed. >> all right. we'll be right back. brian shactman is next. "morning joe" returns in a moment. [ female announcer ] ready for a taste of what's hot? check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. they're this season's must-have accessory. lean cuisine. be culinary chic. [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and always have. so does aarp, an organization serving the needs of americans 50 and over for generations. so it's no surprise millions have chosen an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help cover som
>> i'm sorry. >> he had a cat strask economy. did an enormous amount to rescue it from getting worse and worse and worse. >> i don't know. it's going to have to be fixed. >> all right. we'll be right back. brian shactman is next. "morning joe" returns in a moment. [ female announcer ] ready for a taste of what's hot? check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. they're this...
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the economy. now, one of the most confusing things though, any time you're talking about the economy, tax cuts, deficits, it can get confusing. one of the most confusing but important exchanges during the debate was a lengthy clash between the two candidates over their competing tax proposals. listen to this. >> governor romney's proposal that he's been promoting for 18 months calls for a $5 trillion tax cut on top of $2 trillion of additional spending for our military. and he is saying that he's going to pay for it by closing loopholes and deductions. the problem is he's been asked over a hundred times how you would close those dee deductions and loop -- deductions and loopholes and hasn't been able to identify them. >> i'm not looking for a $5 trillion tax cut. what i'm saying i want put in place a tax cut that adds to the deficit. no economists can say mit rom if i's tax plan adds $5 trillion when i say i will not add to the tax plan with my plan. >> for 18 months you've been running on this ta
the economy. now, one of the most confusing things though, any time you're talking about the economy, tax cuts, deficits, it can get confusing. one of the most confusing but important exchanges during the debate was a lengthy clash between the two candidates over their competing tax proposals. listen to this. >> governor romney's proposal that he's been promoting for 18 months calls for a $5 trillion tax cut on top of $2 trillion of additional spending for our military. and he is saying...
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Oct 4, 2012
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economy, a 12-point advantage. taxes, 9-point advantage. across the board. >> i think those polls are snap polls of people who watch the debate. so i think that this -- i really do think that it will take a while to set in. you know, we have to know who watched the debate and who didn't watch. you know, we have other debates to come. but, you know, listen, i'm not suggesting that the president had a good night last night. i think he seemed very disengaged. he seemed very slow to react. and romney was, you know, had a -- from a theatrical perspective, had a terrific evening. >> you tweeted out, which was your only tweet, no offense whatsoever. >> yeah. >> so you agree. >> i found the thing that was most surprising was that the president really seemed to have no offense. he seemed to kind of just sit there and no matter what governor romney said, and i think there was some substantial factual inaccuracies in his presentation which we're going it hear a lot about today, but the president just seemed to, you know, just sort of sit there and tak
economy, a 12-point advantage. taxes, 9-point advantage. across the board. >> i think those polls are snap polls of people who watch the debate. so i think that this -- i really do think that it will take a while to set in. you know, we have to know who watched the debate and who didn't watch. you know, we have other debates to come. but, you know, listen, i'm not suggesting that the president had a good night last night. i think he seemed very disengaged. he seemed very slow to react....